662 Salem Street, Lynnfield MA 01940

Lynnfield, MA 01940
$650,000
Est. $3,460/month
3
Beds
1.5
Baths
2,131
Sq Ft
$305
Price/Sq Ft
2.57
Acres
1779
Year Built
Single Family Residence
Type
27
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73155336

About this home

Opportunity knocks for a charming and gracious home located in desirable Lynnfield on 2.57 acres of land! This Colonial has many well–preserved original features. From the grand foyer, enter either the formal dining room or the “parlor” with a fireplace flanked by custom glass-front cabinetry. The sunroom is perfect for a home office or get-away. The lovely custom staircase leads to the 2nd floor with three bedrooms and a full bath. The primary bedroom has a large walk in closet and direct entry into the bathroom. Walk up, unfinished attic for potential additional living space! Exterior amenities include a 2 car garage with an attached workshop, gardens, stone walls and arbors waiting to be refreshed and enjoyed. There is a distinctive well structure on the front yard. The lot has the potential to be subdividable. Buyer to do their own due diligence regarding this potential feature. This is a great opportunity to bring this lovely home back to its original beauty!

Sale Statistics

Sale Overview
Original List Price: $775,000
Final Sale Price: $650,000
Difference: $125,000 (-16.1%)
Performance Metrics
83.9%
List to Sale Ratio
Sold below asking price
27
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $364
Sale $/sq ft: $305
This property sold for $305 per square foot
Sale Summary

This property sold for 16.1% below the original asking price.

With only 27 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1779
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
2,131 sq ft
Total Rooms
8

Interior Features

Flooring
Hardwood, Flooring - Hardwood
Heating
Hot Water, Oil
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
Interior Features
Entrance Foyer, Sun Room, Other
Laundry Features
Exterior Access, First Floor
Basement Details
Full, Crawl Space, Interior Entry, Concrete, Unfinished
Window Features
Window(s) - Picture
Door Features
French Doors

Exterior & Structure

Architectural Style
Colonial
Foundation
Stone
Exterior Features
Porch, Rain Gutters, Storage, Garden, Stone Wall, Other
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
2.57 acres
Lot Size
112,141 sq ft
Lot Size Area
2.5700
Lot Features
Corner Lot, Wooded

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
4
Parking Features
Detached, Garage Door Opener, Storage, Workshop in Garage, Oversized, Paved Drive, Off Street
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Electric Range
Water Source
Public
Sewer
Private Sewer
Electric
Circuit Breakers, 200+ Amp Service

Community & HOA

HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,321
Tax Year
2023
Tax Assessed Value
$736,400
Parcel Number
1983555
Zoning
RA

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Seller has POA and limited knowledge about the property. Ask List agent for Disclosures. Property to be sold in "as-is" condition-buyer to do their own due-diligence. Home is on Lynnfield Historical Commission list of historically significant structures. New 3 BR septic plan available

Location

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Neighborhood

662 Salem Street, Lynnfield MA 01940

Lynnfield, MA 01940

Walkability

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Schools

Elementary School
Huckleberry
Rating information coming soon
Middle School
Lynnfield
Rating information coming soon
High School
Lynnfield
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $693
Homeowners Insurance $200
PMI $0

Property History

Market Insights

16.1%
Price Range
29
Total Days on Market

Property Timeline

Sold
Oct 27, 2023
$650,000
Property sold
Days on Market: 29
🏠
Listed for Sale
Sep 5, 2023
$775,000
Original listing
Agent: Deborah Caniff Office: Coldwell Banker Realty - Lynnfield

Price & Status History

Date Event Price Change
Sep 5, 2023 New Listing Added $775,000

Market Statistics

Days on Market
27 days
Price per Sq Ft
$305

Tax History

Year Taxes Assessment
2023 $8,321 $736,400

Financial Details

Annual Property Tax
$8,321
Tax Year 2023
Assessed Value
$736,400

Listing Information

Listing Agent Deborah Caniff
Listing Office Coldwell Banker Realty - Lynnfield
Agent MLS ID C9500652
Office MLS ID AN6219

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